| Schedule of Operating Lease Liabilities |
The
following table presents a summary of changes in the Company’s operating lease liabilities for the quarter ended March 31, 2026:
| Right-Of-Use Assets | |
| |
| Balance as of December 31, 2025 | |
$ | 583,610 | |
| New right-of-use assets recognized | |
| 72,777 | |
| Amortization for the three months ended March 31, 2026 | |
| (17,057 | ) |
| Adjustment for non-exercising option | |
| (66,856 | ) |
| Adjustment for foreign currency translation difference | |
| 1,632 | |
| Balance as of March 31, 2026 | |
$ | 574,106 | |
| | |
| | |
| Operating Lease Liability | |
| | |
| Balance as of December 31, 2025 | |
$ | 583,610 | |
| New lease liability recognized | |
| 72,777 | |
| Imputed interest for the three months ended March 31, 2026 | |
| 9,754 | |
| Gross repayment for the three months ended March 31, 2026 | |
| (26,811 | ) |
| Adjustment for non-exercising option | |
| (66,856 | ) |
| Adjustment for foreign currency translation difference | |
$ | 1,632 | |
| Balance as of March 31, 2026 | |
$ | 574,106 | |
| | |
| | |
| Operating lease liability current portion | |
$ | 69,584 | |
| Operating lease liability non-current portion | |
$ | 504,522 | |
Other
information:
| | | Three months
ended
March 31,
2026 | | | Three months
ended
March 31,
2025 | | | Cash paid for amounts included in the measurement of lease liabilities: | | | | | | | | | | Operating cash flow to operating lease | | $ | 26,811 | | | $ | 24,452 | | | Right-of-use assets obtained in exchange for operating lease liabilities | | | - | | | | - | | | Remaining lease term for operating lease (years) | | | 7.75 | | | | 8.78 | | | Weighted average discount rate for operating lease | | | 6.54 | % | | | 6.40 | % |
|